A warranty typically covers specific parts of equipment for a limited time, focusing on defects or issues arising from manufacturing. In contrast, Equipment Breakdown Insurance provides broader coverage for sudden and accidental failures, including mechanical and electrical breakdowns, regardless of the equipment’s age.
Related FAQs
Standard property typically excludes the equipment’s own mechanical, electrical, or pressure breakdown, so this coverage is usually added on.
Many programs include business income and extra expense from a covered breakdown. We will review what fits your operation.
No. A warranty covers defects and upkeep. Equipment breakdown insurance covers sudden accidental failure and the resulting business losses.
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